Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 38, 21/09/2022 - 27/09/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 38, 21/09/2022 - 27/09/2022)Cosmos released the new white paper for ATOM 2.0. Polkadot announced a new roadmap. Boba network became the first L2 solution on Avalanche.
We’re all ears.Your feedback has always helped us provide insightful crypto market trends. Tell us how we can improve this newsletter further by taking a quick survey below (it will only take less than a minute). Thanks! Weekly DeFi IndexThis week's market cap and volume indices were positive at +7.15% and +1.69%, respectively, while the volatility index was negative at -26.26%. Check the latest prices on Crypto.com/Price DeFi Index Tokens*DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI.News Highlight
DEX Protocols MetricsSources: CoinGecko, DeFi Llama, Nomics, Crypto.com ResearchLending Protocols Metrics*LDR (Loan to Deposit Ratio) = Total Borrowed / TVLSources:CoinGecko,DeFi Llama,Crypto.com ResearchCharts on Layer-2 Projects
Further Reading
DisclaimerThe information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.The brands and the logos appearing in this report are registered trademarks of their respective owners.Thank you for reading! We hope you find our Weekly DeFi and Layer 1 & Layer 2 News Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! If you liked this post from Weekly Crypto News about DeFi, NFT, and crypto market, why not share it? |
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Market Pulse by the Crypto.com Research & Insights Team (Week 38, 20/09/2022 – 26/09/2022)
Monday, September 26, 2022
ETH perps funding rates still negative. MicroStrategy buys more BTC. Fed hikes rates by 75 bps again.
Weekly NFT & GameFi Update (Week 37, 16/09/2022 - 22/09/2022)
Friday, September 23, 2022
NFT marketplace OpenSea has integrated Arbitrum. Funko is teaming up with Warner Brothers for DC Comics' NFT release. Bandai Namco and SEGA to spur mainstream blockchain gaming adoption.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 37, 14/09/2022 - 20/09/2022)
Wednesday, September 21, 2022
Ethereum completed The Merge and VitalikButerin shared his vision for layer-3. Compound Treasury launched borrowings for institutions. Crypto market maker Wintermute hit by US$160M hack.
Market Pulse by the Crypto.com Research & Insights Team (Week 37, 13/09/2022 – 19/09/2022)
Monday, September 19, 2022
ETH's The Merge was completed. ETH is down 13.5% since The Merge; BTC is outperforming. US Aug inflation at +8.3% YoY, higher than expected.
Weekly NFT & GameFi Update (Week 36, 09/09/2022 - 15/09/2022)
Friday, September 16, 2022
Disney is exploring and developing plans for the metaverse. ConsenSys launches free NFTs to commemorate Ethereum's Merge. GodsUnchained is teaming up with GameStop.
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